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Trump says he’ll ‘remember’ companies that don’t seek tariff refund
The portal could return up to $127 billion in duties, and valid refunds are expected within 60 to 90 days, CBP said.
- On Monday, U.S. Customs and Border Protection launched the Consolidated Administration and Processing of Entries portal, allowing roughly 56,497 importers to apply for refunds of tariffs imposed under the International Emergency Economic Powers Act.
- This refund process follows a February Supreme Court decision that struck down President Donald Trump's IEEPA tariffs as executive overreach, forcing the administration to establish the claims system.
- CBP identified approximately $127 billion in qualifying duties for refund claims; Learning Resources CEO Rick Woldenberg reported technical glitches, saying the portal displayed "The system is currently experiencing high volume, please try again later."
- President Trump on Tuesday lauded "brilliant" companies that have not sought reimbursements, warning he will "remember" those that do; Treasury Secretary Scott Bessent labeled refunds "corporate welfare."
- Levi Strauss anticipates roughly $80 million in repayments, while Gap remains uncertain about timing; Trump indicated new tariff mechanisms could replace those voided, stating "We're going to end up with the same numbers — actually bigger numbers.
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U.S. President Donald Trump said Tuesday that he would remember the U.S. companies that did not ask for reimbursement of the trade tariffs that he unilaterally imposed and that the Supreme Court subsequently declared illegal.
Trump Says ‘You Will Remember Companies that Do Not Ask for Reimbursement of Fees Considered Illegal
The president of the USA told CNBC that he was pleased to know through reports that Apple, Amazon and other large companies have not yet applied for refunds
·Brazil
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Trump threatens to ‘remember’ companies that seek refunds from illegal tariffs
US President Donald Trump said on Tuesday he will “remember” companies that do not seek refunds for tariffs paid that were deemed illegal by the Supreme Court, implying they would somehow benefit by abstaining from the US government’s new refund portal.
·South Africa
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Total News Sources19
Leaning Left3Leaning Right4Center9Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 19%
C 56%
R 25%
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